NewsBTC
Jan 17, 2026
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Bitcoin Holds Key Support, Eyes $98,200 and $107,500 Resistance Levels

Bitcoin remains above key support levels as weekend trading progresses, with $98,200 and $107,500 in focus. Market participants await the next sessions to gauge BTC's short-term trajectory.

Key Support Levels

  • Bitcoin is maintaining its position above the $89,326 support level.
  • If BTC breaks through the $98,200 resistance, the $107,500 target becomes relevant.
  • A daily close above $107,500 could indicate a continuation of the bullish trend.

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If BTC falls below $89,326, it may resume a downtrend. A reversal between $83,822–$82,477 could offer bulls another chance. A close below $82,477 might lead to testing the $74,496–$71,237 support area.

Weekend Trading Expectations

  • Bitcoin holds the crucial $94,630 support level, important for short-term market structure.
  • BTC is expected to trade within a range until Sunday evening or Monday.
  • Bulls aim for a market structure break above $95,820, targeting $97,960 monthly high.
  • If BTC loses $94,630 support, further downside is likely, with potential for lower lows.

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